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501  Other / CPU/GPU Bitcoin mining hardware / Re: how high fan speed percentage is bad? on: March 15, 2014, 10:49:55 PM
We run all of our fans at a flat 80%. Seems to be a good compromise between good airflow, and not killing the fans.

Tried using 80% fan speed and about 6 out of 20 fan died after 3 months.... is it because of the sapphire brand I am using?

Sapphire fans are complete shit.  All my cards are Sapphire and all of the fans have died in under a year using 100%.  Now I use 80% so we shall see.
502  Other / CPU/GPU Bitcoin mining hardware / Re: how high fan speed percentage is bad? on: March 15, 2014, 10:48:36 PM
We run all of our fans at a flat 80%. Seems to be a good compromise between good airflow, and not killing the fans.

This^
503  Alternate cryptocurrencies / Altcoin Discussion / Re: 6 Crypto Currencies to Hold Long on: March 15, 2014, 10:36:48 PM
I think it's safe to say Dogecoin is a complete success and worthy of long holding for sure.  Just read up on everything they've done, their huge trading volume which is double that of litecoin, and the very large committed community.  
504  Alternate cryptocurrencies / Altcoin Discussion / WTB Batcoin 200 Million @4 satoshi on: March 15, 2014, 10:31:40 PM
I will pay .012BTC per million or .12 per 10 million. or .6 per 50 million.  

You go first as I've already been scammed, we will trade in small increments or we can quickly set up an escrow.

Post or PM for trade


.4BTC Per 10 Million.  Post or PM to trade
505  Alternate cryptocurrencies / Altcoin Discussion / WTB Crypto-Loot on: March 15, 2014, 10:11:54 PM
I will pay .05BTC per 1,000.

You send first as I've been scammed before (we will do increments), or we use escrow.

Post or PM for trade
506  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][10-5] TenfiveCoin - Designed for Mobile - Scrypt Adaptive-N - Relay SMS on: March 15, 2014, 08:17:09 PM
get over the premine issue you guys.  people that make the coin deserve a little extra for their efforts.  "omg 2% premine that's just so crazy lets unleash holy hell of war!! 2% omg!!"  you crazy clowns, enough with the premine complaining you ungreatful twats

keeping a coin afloat and running it is a lot of work, devs are entitled to some salary/commission.  especially when a lot of devs don't necessarily have a lot of mining hardware. why should they make a coin with zero premine so everyone else can get rich while they do all the work.  2% is completely reasonable, it's not like it's 50% like some of these crazy fools out there.
507  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: March 15, 2014, 10:46:57 AM
how about a list of coins that are currently mined on this pool
508  Economy / Computer hardware / Re: [ANN] ♠ UNIQUE GPU CASE ♠ BLACK/WHITE ♠ GREAT LOOKING ♠ 80 USD / BTC ♠ [EU] [US] on: March 15, 2014, 09:38:52 AM
Very nice man.  Finally a case builder who has the right idea on psu layout.  I think the only thing I would change is make the top fan ports somewhere between 180mm-230mm.
509  Bitcoin / Mining speculation / Re: Why am I still mining? on: March 15, 2014, 09:17:26 AM
This is a very good point.  Right now, mining is a losing proposition unless you have free or cheap electricity and/or data center hosting.  The difficulty jumps definitely don't help the steep price point of entry for these high end miners.

It's not even a race to ROI anymore.  It's a race to come close to even - electrical costs, then sell the miner while it's still in demand.  Only on the resale of the equipment would you maybe see some profit.

Like others have been saying, if you don't have a mining operation like the $8 million dollar a month miner(MBP?) in Washington, then mining is an expensive hobby.

All not true.

What is I told you, you could spend $10k on miners, that would produce BTC0.15 each day ($100), use less than 500w of electricity, produce zero heat, zero noise and you would be guaranteed ROI in no more than 120 days.

And this scales so if you spend $5k you get BTC7.5 a day and if you spend $20k you get BTC0.30 a day

That is what I am doing.



Care to share your current setup?  

If you don't feel comfortable sharing in the forum, perhaps a PM so I can be better informed.   Smiley

Happy to share,
50 Gridseed miners, pointed at a site like scrptyguild.com or clevermining.com

Mines the most profitable scrypt and pays in BTC


I could not disagree more with Joe's advice. I ran the numbers over and over again on the gridseed miners, and could not make the numbers work at all. All my calculations pointed to a 9-12 month ROI, and that doesn't even take into account the fact that scrypt coin difficulty is going to explode now that scrypt ASICs are here.

Personally, I think spending 10k on Antminers right now will ROI much faster than blowing it on scrypt ASICs, which are currently VERY OVERPRICED in my honest opinion.

Different strokes for different folks.

I'd like to see your work.

I can buy 1 Mh of Gridseed mining for $630

Which makes $3.7 /day (or 0.215 LTC/day) Roll Eyes

Yeah.... sound like you need to do your math


Agreed. 1 Mh of scrypt miners earns ~.213 LTC per day, or around $3.58 per day. It will take 6 months to ROI not including difficulty increases, power costs, power supply costs, and host computer costs. In my opinion, Gridseed miners are a TERRIBLE buy right now.

You may get a little bit more return by using something like scryptguild, but eventually that extra return will also dry up as other miners do the same thing. I've been using scryptguild for the past couple of weeks, and if you think the returns are that much better than just mining LTC directly you're kidding yourself. They aren't that good...

One Antminer S1 can be purchased for $630 and earns around .0225 BTC per day, or $14.20, making it a much better buy.

If you say LTC difficulty doesn't go up as fast as Bitcoin difficulty, I'll say you haven't seen anything yet. Scrypt coin difficulty is about to explode now that scrypt ASICs are here.

I still believe that the Antminer S1 is the only mining hardware you can purchase right now that will ROI in 3 months or less.

The problem with Bitcoin miners is that you can't rely on your estimated daily figure.  It goes down tremendously and continuously in a short time.  All ASIC Bitcoin miners are priced so the customer just barely breaks even after quite a few months, or not even at all.

With scrypt mining you can depend on a constant stream of generous cashflow.  ROI timeframe isn't as big of an issue (as long as it's reasonable) because income is consistent.  plus or minus here and there.  But lets not tell everyone this, the last thing we need are the bitcoin people buying millions of dollars of scrypt asics and assraping the altcoins.

Personally I think most of the Bitcoin ASIC maker companies mine with their equipment during most of that so called preorder time.  Then they dump the hardware to make back their build costs and at just the right time to fool people into thinking they can make profits so they can continue sales.  It's pretty fucked up if you ask me.  If I made miners I would mine with them too, but come sell time I wouldn't cheat the public, they already got rich.  All these bitcoin miners need to be priced much lower than they are.  And if any of you companies happen to come across this post, no 10,20,30% off aint gonna cut it.  More like half price and less, or current price but release them quickly and not months later when they are useless.
510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GPUC] GPU Coin on: March 14, 2014, 09:59:24 PM
what is current hashrate per 280x
511  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] Exclusive AGX.io Beta Trading Today ✈ DigiShield ✔ on: March 14, 2014, 06:01:23 PM
37 BTC volume in just a few hours on Cryptsy is pretty impressive.

Number 8 on Cryptsy for BTC Volume right now Cheesy
512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] Exclusive AGX.io Beta Trading Today ✈ DigiShield ✔ on: March 14, 2014, 05:47:32 PM
So many people buying on cryptsy AWESOME, BUY BUY BUY ! Smiley

On the note of Cryptsy, DGB is looking good.  It wasn't pumped like normal, maybe because it is so spread out on other exchanges, but the price is holding up pretty good.  This is a stable coin for the future.

Just for any newbs that are now getting in on the coin, the highest it has been is close to 400 Satoshi in the past.  This coin held over 300 for a decent amount of time as well.  A big reason the price dipped was because of multipool attacks which have now been remedied with DigiShield which is performing flawlessly btw. So the prices you see now are bargains.  There is plenty of headroom to go and the previous high prices were just a taste of what is in store for this coin.

This past week the Digibyte presence on Twitter has grown.  It is now crossing the paths of more and more people and I have seen some big players now talking about DigiByte when they didn't know it existed before. Prepare to see a lot of action with the coin in the coming weeks.  Without question now is a really good time to buy.
513  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] Exclusive AGX.io Beta Trading Today ✈ DigiShield ✔ on: March 14, 2014, 05:45:53 PM
I'm beginning to assume that Coinmarket.io is a scam. When they are online, make sure to withdraw your coins just in case (Anyone withdrawing BTC will likely not receive it, but DGB should go through, so my advise is to get all your DGB out asap)

They were supposedly hacked and haven't been able to get their site back.  I was able to withdrawal BTC the other day though.  But yeah nobody use them.  I removed them from my list of exchanges.
514  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] Exclusive AGX.io Beta Trading Today ✈ DigiShield ✔ on: March 14, 2014, 07:06:34 AM
Quote
@cryptsy: Adding New Markets tomorrow - get your votes in.   We will also start reviewing stale markets for deactivation.

Better make your purchases now!
515  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] Exclusive AGX.io Beta Trading Today ✈ DigiShield ✔ on: March 12, 2014, 07:43:20 PM
Jared,
 Can you ask the DOGE community to vote for us on Cryptsy as a favor for our Digishield assistance? Would help us crush the rest. DOGE won't mind since they are already listed!

Thanks,
YC

because of the collaboration i invested some money in your coin. thank you very much for your kindness

much love  Cheesy
Thank you for your support and welcome to the DigiByte community as well!

Great idea
516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [USDe] Unitary Status Dollar eCoin ** MANDATORY UPDATE @ BLOCK 107,500! ** on: March 10, 2014, 10:05:16 PM
I just love these panic sellers.  Keep selling to me cheap.  They are going to be pissed in a few days.  hahahah Cheesy
517  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★ DigiByte ★★ [DGB] AGX.io Beta Trading Today ✈ DigiShield ✔ on: March 10, 2014, 09:39:40 PM
Come on guys, lets get to number 3 position to hopefully secure a spot on the next round.  We are almost there.
https://www.cryptsy.com/coinvotes/
518  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [USDe] Unitary Status Dollar eCoin ** MANDATORY UPDATE @ BLOCK 107,500! ** on: March 10, 2014, 09:23:38 PM
The word on Twitter is that a private group will be pumping this coin with a significant amount of BTC sometime tomorrow.  

Buy all you can now and wait for the rise
519  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [USDe] Unitary Status Dollar eCoin ** MANDATORY UPDATE @ BLOCK 107,500! ** on: March 10, 2014, 09:18:41 PM
USDe has been added to the Cryptsy voting list.  Buy up while the price is low.

https://www.cryptsy.com/coinvotes
520  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [USDe] Unitary Status Dollar eCoin ** MANDATORY UPDATE @ BLOCK 107,500! ** on: March 10, 2014, 09:01:15 PM
anyone selling less than 200 satoshi are complete idiots.  noobs
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